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True value solar Blog

Solar uptake reducing power prices

A report by the Green Energy Market has shown that the push on clean energy has saved Australian’s 3455 gigawatt hours in the last year. The contribution of solar energy is predicted to reduce more than 5 per cent of electricity consumption by 2015. The report outlines the truth of electricity price hikes are the result of the cost of transporting electricity, rather than
the production of the electricity. It can be expected that electricity prices will rise by 37 per cent over the next three years, up to 2013-14.

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